Trinidad Drilling Ltd. Announces Shareholder Approval of Amalgamation With Wholly-Owned Subsidiary of Ensign Energy Services Inc.
CALGARY, Jan. 31, 2019 /CNW/ – Ensign Energy Services Inc. (TSX:ESI) ("Ensign") and Trinidad Drilling Ltd. (TSX:TDG) ("Trinidad") announce that at the special meeting of shareholders (the "Meeting") of Trinidad held earlier today, holders ("Trinidad Shareholders") of common shares of Trinidad ("Trinidad Shares") approved the amalgamation (the "Amalgamation") of Trinidad and Ensign Holdings Inc. ("Holdings"), a […]
Ensign and Trinidad Announces Receipt of Requisite Consents in Consent Solicitation for Trinidad’s Outstanding 6⅝% Senior Notes due 2025
CALGARY, Jan. 15, 2019 /CNW/ – Ensign Energy Services Inc. (TSX: ESI) ("Ensign") and Trinidad Drilling Ltd. (TSX: TDG) ("Trinidad" or the "Issuer") announced today that, pursuant to Trinidad’s previously announced consent solicitation (the "Consent Solicitation") relating to its outstanding 6⅝% Senior Notes due 2025 (144A CUSIP No. 896356AE2; Reg S CUSIP No. C9196PAB2) (the "Notes"), […]
Ensign Announces Redemption of its Senior Guaranteed Notes
CALGARY, Jan. 10, 2019 /CNW/ – Ensign Energy Services Inc. (TSX:ESI) ("Ensign") is pleased to announce that pursuant to its notice of redemption dated December 6, 2018 to all holders of its outstanding USD $200 million in senior guaranteed notes (the "Notes"), comprised of USD $100 million of 3.97% Notes, due February 22, 2019, and […]
Ensign and Trinidad Announce Amalgamation Agreement and Mailing of Trinidad Meeting Materials
CALGARY, Jan. 9, 2019 /CNW/ – Ensign Energy Services Inc. (TSX:ESI) ("Ensign") and Trinidad Drilling Ltd. (TSX:TDG) ("Trinidad") announce today that Trinidad has entered into an amalgamation agreement (the "Amalgamation Agreement") with Ensign Holdings Inc. ("Holdings"), a wholly-owned subsidiary of Ensign, under which Trinidad will amalgamate with Holdings, with the amalgamated entity ("Amalco") becoming an wholly-owned […]
Ensign and Trinidad Announce Commencement of Change of Control Offer to Purchase and Consent Solicitation for Trinidad’s Outstanding 6⅝% Senior Notes due 2025
CALGARY, Dec. 27, 2018 /CNW/ – Ensign Energy Services Inc. (TSX: ESI) ("Ensign") and Trinidad Drilling Ltd. (TSX: TDG) ("Trinidad" or the "Issuer") announced that Trinidad has commenced a change of control offer (the "Change of Control Offer") to purchase any and all of its outstanding 6⅝% Senior Notes due 2025 (144A CUSIP No. 896356AE2; Reg […]
Ensign and Trinidad Announce Take-Over Bid Offer Expired
SUBSEQUENT ACQUISITION TRANSACTION TO BE COMPLETED ON JANUARY 31, 2019 CALGARY, Dec. 21, 2018 /CNW/ – Ensign Energy Services Inc. (TSX:ESI) ("Ensign") and Trinidad Drilling Ltd. (TSX:TDG) ("Trinidad") announce today Ensign’s offer to purchase all the common shares ("Common Shares") of Trinidad for $1.68 per share (the "Offer") has expired. Trinidad will proceed with the […]
Ensign Offer for Trinidad Final Expiration December 21, 2018
Ensign and Trinidad remind Trinidad shareholders that Ensign controls 86.73% of Trinidad common shares; offer final expiration at 5:00 p.m. (Toronto time) on December 21, 2018 Last chance to receive $1.68 per Trinidad share in 2018 pursuant to the Offer rather than February 2019 if a Trinidad shareholder meeting is required to complete 100% acquisition […]
Ensign Announces Take-up of Shares and Last Extension of Offer
Ensign now controls 86.67% of Trinidad common shares; extends the offer a final time to 5:00 p.m. (Toronto time) on December 21, 2018 Trinidad shareholders who tender prior to December 21, 2018 will be paid within 10 days of date of deposit Shareholders can tender today by contacting Kingsdale Advisors at 1-866-581-1514 or by e-mail […]
Ensign Provides Notice of Redemption for its Senior Guaranteed Notes
CALGARY, Dec. 6, 2018 /CNW/ – Ensign Energy Services Inc. (TSX:ESI) ("Ensign") announces that it and its wholly-owned subsidiary, Ensign US Financial (Delaware) LP (the "Issuer"), have provided a notice of redemption to all holders of its outstanding 3.97% senior guaranteed notes, due 2019, and its outstanding 4.54% senior guaranteed notes, due 2022, which redemptions will […]
Ensign Completes Payment for Trinidad Shares Tendered at Initial Offer Expiry, Confirms Ownership of Approximately 66.73% of Trinidad Shares, and Urges Remaining Trinidad Shareholders to Tender Today to Receive Payment Promptly
Ensign releases funds to the Depositary and to CDS in payment for Trinidad shares taken up; shareholders should receive funds within days. Surpassing the 66 2/3% mark ensures that Ensign will be able to complete a subsequent acquisition transaction to acquire the remaining Trinidad Shares. Trinidad shareholders urged to tender their shares immediately to receive […]